Boston Scientific Corporation
BSX Healthcare Medical Devices
Boston Scientific Corporation’s revenue for fiscal 2025 (year ended December 2025) was $20.1 billion, up 19.9% from fiscal 2024. In the quarter to June 2026, revenue grew 7.53%, EPS grew 14.8%, free cash flow grew 13.3% and total debt rose 8.95%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
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Boston Scientific Corporation (BSX) Gross margin
Boston Scientific Corporation's gross margin over the twelve months to 30 June 2026 was 69.9%, up 0.9 percentage points from fiscal 2025 (69.0%). Over the past ten years it has ranged from 65.1% (fiscal 2020) to 71.4% (fiscal 2018); the current reading is higher than 45% of that period. That is above the Medical Devices industry median of 56.0% and above the Healthcare sector median of 53.5%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 69.0% | 0.40 |
| FY2024 | 68.6% | (0.88) |
| FY2023 | 69.5% | 0.68 |
| FY2022 | 68.8% | 0.03 |
| FY2021 | 68.8% | 3.73 |
| FY2020 | 65.1% | (5.92) |
| FY2019 | 71.0% | (0.39) |
| FY2018 | 71.4% | 0.02 |
| FY2017 | 71.3% | 0.25 |
| FY2016 | 71.1% | 0.15 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 70.7% | 1.27 |
| Mar 2026 | 69.4% | (0.13) |
| Dec 2025 | 69.6% | (0.36) |
| Sep 2025 | 69.9% | 2.28 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| EW Edwards Lifesciences Corporation compare | 77.8% |
| BSX Boston Scientific Corporation | 69.9% |
| MDT Medtronic PLC compare | 65.0% |
| SYK Stryker Corporation compare | 65.0% |
| DXCM DexCom, Inc. compare | 62.5% |
| ABT Abbott Laboratories compare | 56.6% |
| PHG Koninklijke Philips N.V. compare | 45.9% |
| STE STERIS plc compare | 44.4% |
| GEHC GE HealthCare Technologies Inc. compare | 39.5% |
| Medical Devices industry median | 56.0% |
| Healthcare sector median | 53.5% |
| Market median | 46.2% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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- Revenue
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